1. **State the problem:**
Solve the equation for $t$ given by
$$1 - 0.10 \times \frac{t}{360} = 0.99$$
2. **Isolate the term with $t$:**
Subtract 0.99 from both sides:
$$1 - 0.10 \times \frac{t}{360} - 0.99 = 0$$
Simplify the left side:
$$0.01 - 0.10 \times \frac{t}{360} = 0$$
3. **Rearrange to solve for $t$:**
Move the term with $t$ to the right side:
$$0.01 = 0.10 \times \frac{t}{360}$$
4. **Multiply both sides by 360 to clear the denominator:**
$$0.01 \times 360 = 0.10 \times t$$
Calculate the left side:
$$3.6 = 0.10 \times t$$
5. **Divide both sides by 0.10 to solve for $t$:**
$$t = \frac{3.6}{0.10} = 36$$
6. **Interpretation:**
The discount term $t$ is 36 days.
**Final answer:**
$$t = 36 \text{ days}$$
Discount Term
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